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13 February, 08:01

While using a metal detector at the beach during spring break, Toni uncovered some rare coins with a current fair market value of $9,000. What are her tax consequences regarding this find?

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  1. 13 February, 08:43
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    Toni must report the whole fair market value as his income

    Explanation:

    According to the tax laws you must report the whole FMV as your income
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